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Oct 3, 2012 5:00pm PDT
. the low inventories caught a lot of distributors empty- handed. and the ones with gas are jacking up prices. now it's the drivers who are running on empty. >> i might get maybe a quarter tank on 20 bucks. >> reporter: that's all he can afford for now. ironically, crude prices are actually dropping. so if there's any silver lining in this, it's that the price spike probably won't last. >> when you see something relate to supply issues related to refinery problems, whacks is as soon as those problems get presolved, and they tend to happen, you know, relatively quickly, prices tend to drop off fairly fast. >> reporter: of course, no one knows when prices are going to start leveling off and then come down but it can't come soon enough. some gas stations in california are starting to run out of fuel. reporting live in san jose, len ramirez, cbs 5. >>> well, we have an easy way for you to find the cheapest gas prices in your area. check out the pump patrol on our website, >>> good deals on groceries can now be found at a new store in san jose. the walmart neighborhood marke
Oct 5, 2012 5:00pm PDT
electric ceo and mitt romney supporter jack welch went as far as suggesting the obama administration manipulated the report. he tweeted unbelievable jobs numbers. these chicago guys will do anything. can't debate so change numbers. >> reporter: the white house calls welch's insinuation, quote, utter nonsense and most republicans are steering clear of the former ceo's comments including mitt romney. the republican nominee says many of the new jobs are only part time. and that's not what a real recovery looks like. >> even those that have jobs are having tough times. the middle class is being squeezed with higher and higher costs and with incomes that have gone down. >> reporter: the report was good news on wall street but investors remain wary. >> it's all everyone saying here we go everything is turning the corner. it's not! >> reporter: but history says the latest jobs report could play a part in the election. no president has been re- elected with unemployment above 8% since the great depression. tara mergener for cbs news, the white house. >>> one of the hottest fashion brands in
Search Results 0 to 1 of about 2